SFDR and Delegated Regulations – Practical Problems
with Implementing New Sustainability Regulations
in the Insurance Market Cover Image

SFDR oraz rozporządzenia delegowane – praktyczne problemy wdrożenia nowych regulacji dotyczących zrównoważonego rozwoju na rynku ubezpieczeniowym
SFDR and Delegated Regulations – Practical Problems with Implementing New Sustainability Regulations in the Insurance Market

Author(s): Wojciech Łuczka
Subject(s): Business Economy / Management, Public Law
Published by: Fundacja "Prawo Ubezpieczeniowe"
Keywords: sustainability; SFDR; taxonomy; delegated regulations; consulting; insurance distribution; life insurance; insurance investment product; sustainability preference; pre-contractual disclosures;

Summary/Abstract: The article discusses selected doubtful legal issues related to the method of implementing newobligations resulting from EU sustainability-related legislation in the insurance market. Thequestions examined in the article are related to SFDR provisions, such as the application ofobligations to insurance agents, the material scope of the Regulation, remuneration policy ormarketing provisions, as well as IDD delegated regulation implementing the concept of examin-ing customer sustainability preferences (the issue of including the obligations in the SuitabilityAssessment section which is applicable in principle to brokers, and differences in defi nitions asto the scope of products covered by the Regulation and the Polish Insurance and ReinsuranceAct). Furthermore, the article presents de lege ferenda conclusions which could help resolveseveral existing legal questions.

  • Issue Year: 2/2022
  • Issue No: 111
  • Page Range: 42 - 56
  • Page Count: 15
  • Language: Polish
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